#west-asia
Air India trims international flying in May as fuel costs, geopolitics weigh in
North America operations down 20 per cent; CEO cites West Asia tensions and unprofitable long-haul routes as key factors
Prolonged West Asia crisis may pull down India's GDP growth to less than 6.5 pc: CII President
A prolonged West Asia conflict threatens India's economic growth. CII President Rajiv Memani warns that GDP growth could fall below 6.5 per cent if the crisis continues. Elevated oil prices above USD 100 per barrel will impact growth. Interest rates are unlik…
Inflation risk more persistent than growth shock, says Tanvee Gupta Jain amid oil price surge
Geopolitical tensions in West Asia are impacting India's economy, leading UBS Securities to lower its GDP growth forecast to 6.2% and revise inflation estimates upward. Supply-side disruptions are evident, while demand resilience may face challenges if energy…
Energy, banks, EMS stand out as key bets in volatile market: Manish Sonthalia
Global crude oil prices and geopolitical uncertainty in West Asia are the primary drivers of market direction, overshadowing domestic factors. CIO Manish Sonthalia warns that sustained supply disruptions could significantly impact FY27 earnings estimates and …
Russia backs India amid BRICS West Asia rift talks; Sergey Lavrov to visit Delhi, meet Jaishankar
Russia backs India's BRICS leadership and its proposed agenda. This support is crucial as India navigates disagreements within BRICS regarding the West Asia conflict. India's recent efforts to foster dialogue among parties are seen as a significant step. Disc…
India ramps up raids to curb hoarding as LPG supply steadies amid West Asia tensions
Highlighting enforcement measures to curb hoarding and black marketing, the ministry said, "more than 1900 raids were conducted across the country," while "penalties [were] imposed on 349 LPG distributorships, and 74 LPG distributorships have been suspended."
Textile Ministry moves to shield clusters from West Asia gas supply shocks
Assessment of all textiles and handicrafts hubs underway as continued Red Sea-Hormuz blockade affects supplies; GAIL ready to tap volatile spot market
West Asia crisis: Drone industry lauds govt's no-penalty relief for disrupted contracts
The Indian drone industry has received timely relief. The government has recognized the West Asia situation as a Force Majeure. This allows for deadline extensions of two to four months on government contracts. Penalties for delays caused by these disruptions…
‘Not worried at all about remittances’ due to West Asia war: RBI Deputy Governor Poonam Gupta
India received $132 billion of remittances in 2024-25, with the figure standing at $108 billion in the first three quarters of 2025-26.
FSUI GS calls on government to step up efforts as stranded Indian seafarers return from Iran amid West Asia conflict
According to FSUI General Secretary Manoj Kumar Yadav, Indian seafarers stuck in Iran and nearby regions have been returning in phases, with many undertaking difficult routes via Armenia.
West Asia conflict may trigger $800 billion capex boost for India, but oil and fertiliser risks remain: Morgan Stanley
Morgan Stanley’s latest report indicates that geopolitical tensions may boost India’s efforts for supply chain resilience and domestic capacity
West Asia crisis creates a need to reprioritise policies and fiscal spending: CEA Nageswaran
West Asia's crisis necessitates India to refocus policies and investments for long-term growth amidst rising macroeconomic risks, says CEA Nageswaran.
West Asia shadow on exports
Export resilience under route disruptions is crucial
India says West Asia war complicates Chabahar talks With US, Iran
“This issue is under discussion with both Iran and US,” Randhir Jaiswal, a spokesperson for India’s Ministry of External Affairs, said adding: “Obviously, the current conflict is also a complicating factor.”
May 1 LPG Rule Changes Update: Will gas cylinder prices rise again? What consumers should know
May 1 LPG Rule Changes News: Indian LPG consumers face rising fuel prices due to West Asian conflicts, with domestic and commercial cylinder costs already up. New rules from May 1 may further tighten booking and delivery systems. The government is also pushin…
West Asia in focus as SCO Defence Ministers assemble in Bishkek
Defence minister Rajnath Singh will attend the Shanghai Cooperation Organisation Defence Ministers' meeting in Bishkek. Geopolitical developments and the West Asia situation will be key discussion points. India will emphasize its commitment to global peace an…
State government administered ports to mirror concessions offered by centre: Shipping Ministry
Indian maritime authorities are urging state-run ports to offer concessions on charges. This follows similar moves by the central government to ease burdens on shipping. The initiative aims to support trade impacted by disruptions in West Asia. A recent incid…